SOURCE: Consumer Protection Assistance Coalition

Consumer Protection Assistance Coalition

February 14, 2012 00:01 ET

Consumer Protection Assistance Coalition (DE) Seeks Guaranteed Loan Modification for Struggling Homeowners or the Foreclosure Process to Be Illegal

SANTA ANA, CA--(Marketwire - Feb 14, 2012) - Consumer Protection Assistance Coalition (DE), a Non Profit Law Clinic, provides free loan modification assistance and other free ( services that can cost nothing. Homeowners receive free Lender Fraud and Violation Analysis Reports while getting Pre-qualified for various principal reduction programs. CPAC's proprietary software runs free H.A.M.P Loan Modification approval simulators to identify long term sustainability.

This Non Profit is different than others offering similar help. In addition to the various free services that everyone should take advantage of, CPAC also offers more aggressive legal protection at Non Profit pricing.

The Lopez's are Homeowners that recognized their need for a more aggressive approach against their lender. They'd been working with Bank of America for a long time. After several failed attempts to work with BofA on their own, they received a Trustee Sale Date set for 02/09/2012.

CPAC's Attorney and President Gary Lane comments on CPAC's Superior Court Case #TC026187 filed on behalf of the Lopez's on 02/08/2012, one day before the Trustee Sale and just when they went to CPAC. "It astonishes me that so many homeowners work faithfully with their lender to modify their Loan. Instead they get slapped in the face with foreclosure. If homeowners don't take legal action early these Lenders will foreclose then they'll evict you."

Lane continues, "It's been shown in Courts that countless Lenders originated and serviced loans illegally. Now it's become fact that they'll foreclose on you illegally for additional profit."

Lane concludes, "Facing these corrupt banks with their Attorneys on your own not represented by a consumer attorney, knowing they'll break laws in order to foreclose illegally against you just isn't wise. In my opinion the vast majority of mortgage loans that we look into can be shown in Court that the foreclosure would be against State Law. Homeowners in default should demand sustainable adjustments. If it were me, I'd demand a principal reduction down to today's Market value and a low fixed interest rate. With specific faulty documents I would fight, knowing that with a good attorney and judge, banks may not legally foreclose."

On 2/09/2012 at 9 a.m. a Superior Court Judge granted CPAC their filing for a Temporary Restraining Order against BofA's Sale of the Lopez's home, exactly what CPAC requested (!

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